Day 1: IMU changes its ASX code to, most likely, IMUDA / IMUOEDA
- IMUDA can be bought but nobody got any - Brokers can convert IMU into IMUDA, retail has to ask broker to do so
- that leaves hardly any sellers, hence often the sp rises during these 2 weeks due to a lack of sellers
Day 9/10:
Those who know the game will sell any IMUDA if profitable traded
Day 1 post consolidation:
All IMUDA will be automatically converted back to IMU. IMU - Code appears back on platforms
Holder A who got no idea what has happened sees 70c. Wow, last time I checked it was at 2.5c, now 70c - I am selling. Of course that brainiac not even realising that his holding is just at 1/34.
Holder B sees the sp falling to 68c, remembering all the " HC posters forecasts " and sells. Holder c follows,.......
Day 5: Sp at 60c or even lower
soon after: IMU declares a CR in the 30-40c range, Hopper applying his favourite 30-50% discounts
SP today already at 2c. Without any cracker update, that scenario could start at 1.5c - you do the Math.
IMU Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held
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